BY ROGER M. BALANZA
Damosa Land Inc. (DLI) announced that the first condominium of its Seawind project in Davao City will be ready for occupation by the end of the month.
The project is on finishing stage, said company vice president Ricardo Floirendo Lagdameo.
Seawind, DLI’s first project, is a 1,064-room 6-tower project of Davao City-based real estate company DLI, a subsidiary of the Anflocor Investment and Management Corporation (ANFLOCOR).
Located in Sasa District, Seawind is 10kms south from the city proper and adjacent to Lanang, Davao City’s fast emerging business district.Once finishing touches are completed, the units will be ready by the end of the month, Lagdameo told local daily Sunstar Davao.
DLI is building three towers of seven or eight floors under Phase 1 of Seawind.
Lagdameo said “the second tower will be done probably about in three months’ time,” according to Sunstar.
The third tower is set to be constructed within this month and will be completed in 14 to 16 months, Lagdameo said.
Over 90 percent of the units have been sold, Lagdameo told the paper, with Dabawenyos buying 60 percent.
Lagdameo said “25 percent are Overseas Filipino Workers (OFW) and the remaining is from all over the country,” according to Sunstar.